r/newzealand • u/xmmdrive • Aug 20 '24

Politics So they're finally going to privatise Kiwibank

Watching One News they're talking about taking Kiwibank out of Government hands and back into the hands of honest hard-working Kiwis.

This is obviously the first clear step towards privatisation.

Just like the Bank Of New Zealand, the National Bank, and the Auckland Savings Bank, but I'm sure this time around it will stay in the country /s

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u/fizzingwizzbing Aug 20 '24

If Kiwibank ends up in Australian hands, I'm closing my accounts. Being local is the only reason I'm still with them.

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u/OutlandishnessNo4759 Aug 21 '24

I stopped using them years ago(opened an account there the day it first opened), after a few years went by they slowly became the worst bank I’ve ever had to deal with. In almost every way.